(April 15, 2016) President Barack Obama has had a remarkable series of foreign policy triumphs over the last 12 months. One of the lesser-known was the passage of legislation for reform of the IMF on December 18, 2015, after five years of obstruction by the US Congress.
(Jan. 22, 2016) Investors worldwide are closely watching the steep decline in China’s stock market. The Shanghai Stock Exchange Composite Index is down more than 40% since June 2015.
The reason observers are concerned is not because they themselves are invested: China’s stocks are overwhelmingly held by Chinese themselves. Rather, many are interpreting it as evidence that China’s economy is going down the tubes.
(11/12/2015) Now that the TPP text has been released, I have read at least some parts of it in detail. It seems to me that it does what the negotiators said it does.